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Beantown Magazine
Discover Greater Boston and the Businesses That Drive It
Finance, Insurance & Accounting · Boston

Paychex

About

Paychex is a national provider of payroll, human resources and benefits services, and this listing represents its presence in the Boston area. The company’s platform lets employers pay staff, automate payroll tax filings, track time, hire and onboard workers, and manage HR tasks in one system. Packages are built for every size of business, from self-employed owners paying themselves a salary to small firms with a handful of staff and companies with hundreds of employees.

Alongside its software, Paychex offers 401(k) retirement plans, health insurance and other employee benefits, business insurance and recruiting help. Its automation handles routine work, while a large team of HR specialists steps in for situations that need a person. Founded by B. Thomas Golisano on the idea that payroll is too complex for small and mid-sized businesses to handle alone, the company has spent more than 50 years building out its services.

What to Know

  • Paychex was founded in 1971.
  • About 1 in 11 U.S. private-sector workers is paid through Paychex.
  • The company serves roughly 840,000 businesses.
  • It has dual headquarters in Rochester, New York, and Cincinnati, Ohio.
  • More than 650 client-facing HR professionals average 15 years of industry experience.

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